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Shanghai Jiaoda Onlly Q1 profit climbs YOY

4556725 said its first-quarter normalized net income came to 3 fen per share, an increase from 3 fen per share in the year-earlier period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was 22.4 million yuan, a gain from 21.8 million yuan in the year-earlier period.

The normalized profit margin increased to 25.8% from 25.4% in the year-earlier period.

Total revenue climbed on an annual basis to 86.9 million yuan from 85.9 million yuan, and total operating expenses decreased 12.9% on an annual basis to 77.2 million yuan from 88.6 million yuan.

Reported net income grew on an annual basis to 30.8 million yuan, or 4 fen per share, from 29.8 million yuan, or 4 fen per share.

s of April 22, US$1 was equivalent to 6.50 yuan.Shanghai Jiaoda Onlly Co. Ltd.

4556725 said its first-quarter normalized net income came to 3 fen per share, an increase from 3 fen per share in the year-earlier period.